Ukraine introduces new tax on luxury cars

Ukraine introduces new tax on luxury cars
Ukraine introduces new tax on luxury cars

A new car tax will be introduced in Ukraine this year, affecting owners of vehicles in the "luxury" category.

According to media reports, the tax will apply to vehicles costing 3 million hryvnia or more and no older than five years. The annual tax amount will be 25,000 hryvnia per vehicle in this category.

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